The Capital Markets (Licensing Requirements) (General) Regulations
43. Conduct of investment banks
43. Conduct of investment banks
An investment bank shall comply with the provisions on client accounts, records to be maintained, reporting obligations, conduct, prohibited dealings and associations, investment requirements and appointment of custodian, relating to stockbrokers, broking agents, dealers, investment advisers and fund managers and payment of transaction and investor compensation fees relating to stockbrokers, stockbroking agents and dealers as set out in these Regulations, where applicable.[L.N. 99/2009, r. 8.]Source: Kenya Law